https://www.taxtmi.com/caselaws?id=769140 Bail was justified where the investigation was complete, the accused had remained in custody since 14.11.2024, and the alleged role in creating fake firms and passing fraudulent input tax credit was still to be tested by evidence. The Court applied settled bail principles that pre-conviction detention should not operate as punishment and that bail in economic offences is not to be refused mechanically merely because the allegations are serious. As the alleged offence carried a maximum sentence of five years and further custodial detention was not shown to be necessary, release on bail was ordered. en-us Wed, 09 Apr 2025 00:00:00 +0530 Thu, 05 Jun 2025 14:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769140 Bail was justified where the investigation was complete, the accused had remained in custody since 14.11.2024, and the alleged role in creating fake firms and passing fraudulent input tax credit was still to be tested by evidence. The Court applied settled bail principles that pre-conviction detention should not operate as punishment and that bail in economic offences is not to be refused mechanically merely because the allegations are serious. As the alleged offence carried a maximum sentence of five years and further custodial detention was not shown to be necessary, release on bail was ordered. Case-Laws GST Wed, 09 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769140